Property obtained resultantly of criminal activity culpable u/s 3 of PMLA, 2002

Tahir Hussain Vs Assistant Director Enforcement Directorate (Delhi High Court) Delhi High Court held that prima facie case is made out against the petitioner culpable under section 3 of the Prevention of Money Laundering Act, 2002 as property was obtained as the result of the criminal activity relatable to the scheduled offence. Facts- The petitioner, Tahir Hussain, was charged under Section 3 read with section 70, which is punishable under Section 4 of the Prevention of Money Laundering Act, 2002. The petitioner submits that there no property acquired in the instant case from the proceeds of ...